IRCTC asked to restart sharing 50 pc convenience fee with Railway Ministry - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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IRCTC asked to restart sharing 50 pc convenience fee with Railway Ministry

In a regulatory filing on Thursday, IRCTC informed SEBI that the Railways has said the revenue-sharing arrangement would be enforced from November 1. Convenience fees charged from customers generated a sizable revenue for both IRCTC and the Railways. The fee is not part of the rail fare. It is for the service of online ticket booking offered by the IRCTC.

from Industry-Economic Times
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